Mark,
> rigid 'glass ... can I mount these AS panels in the ceiling <
Yes, absolutely, and better grade ceiling tiles are in fact made of rigid fiberglass. You used to be able to buy rigid fiberglass ceiling tiles up to three inches thick, and a friend of mine has those in the ceiling of his basement home studio. But these days I don't find any more than one inch thick.
Rigid fiberglass in a ceiling grid is an excellent way to make the entire ceiling into a bass trap. One thing that makes it work so well is the large air gap between the fiberglass and the rigid boundary above. Professional studios often do this, though not always with a standard grid. Sometimes they'll make a more attractive wood frame that does the same job of suspending the fiberglass 6-12 inches below the sheetrock ceiling above.
--Ethan